REGISTERED CHARITY NUMBER: SC 051672 Re ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for Men United Peterhead SCIO M Squared Accountants Bank House Seaforth Street Fraserburgh Aberdeenshire AB43 9BB
Men United Petethead SCIO Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 6 to 11 Detailed Statement of Financial Actiwties 12
Men United Peterhead SCIO Re rt of the Trustees for the Year Ended 31 March 2025 The tnjstees present their report with the financial statements of the charfty for the year ended 31 March 2025. The trustees have adopted the provlsions of Accounting and Reporting by Charities= Statement of Recommermled Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTivrriES Objectlves and alms The object of the SCIO is to orn01e and protecl the mental health and wellbeing of men who are experiencing issues that are having a detrimental affect on their mental health and wellbeing by the provisson of support and practical advi. Slgnificant actlvltles During the past year the chaiity has continLJed to providè Sllpp and advice to men experiencing issues with their mental health and wellbelng. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng document The charity is controlled by its governlng documenL a deed of trust and constitutes a charity reglstered with the Office of The Scottish Charity Regulator. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charlty number SC 051672 Independent Examlner M Squared Accountants Bank House Seaforth Street Fraserburgh Aberdeenshire PB43 98B Page 1
Men Unlted Peterhead SCIO ort of the Trustees for the Year Ended 31 March 2025 Approved by order of the board of trustees on behalf by.. ..l&t.o.tto.bor.2Q25...-...-..-.. and signed on its Page 2
Inde endent Examinerfs Re Men United Peterhead SCIO lo the Trustees of I reporl on the accounts for the year ended 31 March 2025 set out on pages four lo eleven. Respectlve responslbllltles of trustees and examlner The charity's trustees are reswnsible for the preparation of Ihe accounts in acccanCe wlth the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Act))unts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulatlon 10{1)(a) to (c) of the Accounts Regulations does not apply. It is my reSnSIbIlity to examine the accounts as required under Section 44(1)(c) of the Act and to stale whether partIlar matters have come to my attention. Basls of the Independent examlner's report My examination was cayied out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently I do not express an audit opinlon on the view given by the aCnts. +• Independent exarnlner's statement In connection with my examination, no matter has come to my attention . {1) vthich gives me reasonable cause to belleve tha( in any materlal respect. the requirements to keep accounting records in acCcdsnce wilh Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2c6 Accounts Regulations: and to prepare accounts whith accord with Ihe accounting records and to comply with Regulation 8 of the 2006 Accounts Regulalions have not been rnet; or {2) to which, ir) my opinion, attention should be drawn in order to enable a proper underslanding of the accounts to be reached. M Squared Accountants Bank House S8aforth Street Fraserburgh Aberdeenshire AB43 9BB Date.. Page 3
Men United Peterhead SCIO statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 87,609 87.609 59.579 Charitable activities Charitable activities 1.000 49,335 50,335 72,563 Investment income 5,471 5,471 1,712 Total 49,335 143,415 133,854 EXPENDITURE ON Charitable activities Charitable activities 27,651 61.535 89.186 51,678 NET INCOMEI{EXPENDITURE) 66,429 {12,21JJ) 54,229 82,176 RECONCILIATION OF FUNDS Total funds brought forward 84.124 67.487 151,611 69.435 TOTAL FUNDS CARRIED FORWARD 150.553 55.287 205,840 151,611 The notes form part of these financial statements Page 4
Men Unlted Petethead SCIO Balance Sheet 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted fund funds Notes FIXED ASSErs Tangible assets 4.756 4,756 3.401 CURRENT ASSErs Gash at bank 146,999 55,286 202.285 148.716 CREDrroRS Amounts falling due within e year (1.201) (1.201) (506) NET CURRENT ASSETS 145.798 55,286 201.084 148,210 TOTAL ASSETS LESS CURRENT LIABILITIES 150,554 55,286 205,840 151.611 NET ASSETS 150,554 55.286 205,840 151,611 FUNDS Unrestricted funds ReslriGted funds 150,554 55,286 84,124 67,487 TOTAL FUNDS 205,840 151,611 The financial statements were approved by the Board of Trustees and authorised for issue on ..1st..Qctober.2025........ . and were signed on its behalf by: The notes form part of these financial statements Page 5
Men United Peterhead SCIO Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial ststements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as the is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible flxed assets Depreciation is provided at the follong annual rates in order to write off each asset over its estimated useful Sife. Plant and machinery Computer equipment 200/0 on reducing balance 20 % on reducing balance Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordan the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 conlinued...
Men United Peterhead SCIO Notes to the Financ1 Statements - continued for the Year Ended 31 March 2025 INVESTMENT INCOME 31.3.25 31.3.24 Interest re1vable - trading 5.471 1.712 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unrestricted Restricted fund funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 59.579 59,579 Charitable activities Charitable activities 1,795 70.768 72.563 Investment income 1.712 1.712 Total 63,086 70.768 133.854 EXPENDITURE ON Charitable activStles Charitable activities 12,796 38.882 51,678 NET INCOME 50,290 31.886 82,176 RECONCILIATION OF FUNDS Total funds brought forward 33,834 35,601 69,435 TOTAL FUNDS CARRIED FORWARD 84.124 67.487 151.611 Page 7 continued...
Men United Peterhead SCIO Notes to the Financial Statements - continued for the Year Ended 31 March 2025 TANGIBLE FIXED ASSETS Plant and Computer machinery equipment Totals COST At 1 April 2024 Additions 1,780 2,342 2,339 4.119 2,342 At 31 March 2025 4,122 2,339 6,461 DEPRECIATION At 1 April 2024 Charge for year 267 609 451 378 718 987 At 31 March 2025 876 829 1,705 NET BOOK VALUE At 31 March 2025 3.246 1,510 4,756 At 31 March 2024 1.513 1,888 3,401 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other creditors 1.201 506 MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.25 At 1.4.24 Unrestricted funds General fund 84,124 66,430 150,554 Restricted funds AVA Grant - Garvock wages AVA Grant - Buchan wages AVA Grant- Rental and running costs AVA Grant 2 - Rental and running costs NFU AVA Grant - 2025 Programme manager costs 24,000 9.560 {36,146) (3.513) 12,146 (6,047) 6.810 (6,763> (47) 6,052 21.065 (6.052) (2.780) 18.285 37,001 37,001 67.487 (12.201) 55.286 TOTAL FUNDS 151,611 54.229 205.840 Page 8 continued..
Men United Peterhead SCIO Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS - continued Net movement in funds. included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 94.080 {27.650) 66,430 Restricted funds AVA Grant - Garvock vtsges AVA Grant - Buchan wages AVA Grant - Rental and running costs NFU AVA Grant - 2025 Programme manager costs (36,146) (3,513) (36.146) (3,513) (6,763) (2.780) {6,763) (2,780) 49,335 (12,334) 37,001 49.335 (61.536) {12,201) TOTAL FUNDS 143.415 (89,186) 54.229 Comparatives for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 33,834 50,290 84.124 Restricted funds AVA Grant - Garvock wages AVA Grant- Buchan wages AVA Grant - Garvock salary AVA Grant - Rental and running costs AVA Grant 2 - Rental and running costs NFU 21.142 (21.142) 9.560 24,000 9.560 24,000 14.459 (7,649) 6,810 6,052 21,065 6,052 21.065 35.601 31.886 67.487 TOTAL FUNDS 69,435 82,176 151,611 Page 9 continued..
Men United Peterhead SCIO Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOvEmEr IN FUNDS - continued Comparative net movement in funds, induded in the above are as follows: Incoming Resources Movement reSoUrS expended in funds Unrestricted funds General fund 63.086 (12,796) 50.290 Restricted funds AVA Grant - Garvock wages AVA Grant- Buchan wages AVA Grant- Gatvock salary AVA Grant- Rental and running costs AVA Grant 2 - Rental and running cosls NFU (21.142) (21,142) (2,868) 9,560 (7,200) 24,000 12,428 31,200 (7,649) (7,649) 6,052 21.088 6,052 21.065 (23) 70,768 (38,882) 31,886 TOTAL FUNDS 133.854 (51,678) 82,176 A current year 12 months and prior year 12 months combined position is as follows". Net movement in funds Transfers between funds At 31.3.25 At 1.4.23 Unrestricted funds General fund 33.834 116,720 150.554 Restricted funds AVA Grant - Garvock wages AVA Granl - Buchan wages AVA Grant- Ganiock salary AVA Grant - Rental and running costs AVA Grant 2 - Rental and running costs NFU AVA Grant - 2025 Programme manager costs 21,142 (57,288) 6,047 24.000 12.146 (6.047) (24,000) 24.000 14,459 (14.412) (47) 6,052 18.285 (6.052) 18,285 37,001 37,001 35,601 19,685 55.286 TOTAL FUNDS 69.435 136,405 205,840 Page 10 Gontinuecl...
Men Unitsd Peterhead SCIO Notes to the Financial Statements - continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows- Incoming Resources Movement resources expended in fund5 Unrestricted funds General fund 157.166 (40.446) 116,720 Restricted funds AVA Grant - Garvock wages AVA Grant- Buchan wages AVA Grant- Garvock salary AVA Grant - Rental and running costs AVA Grant 2- Rental and Tunning costs NFU AVA Grant - 2025 Programme manager costs (57.288) (6,381) (7,200) (57,288) 6.047 24,000 12,428 31,200 (14,412) {14,412) 6,052 21,088 6.052 18.285 (2.803) 49,335 (12,334) 37.001 120,103 (100.418) 19.685 TOTAL FUNDS 277,269 (140,864) 136,405 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page11
Men United Peterhead SCIO Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations 87.609 59,579 Investment income Interest receivable - trading 5,471 1,712 Charitable activities Grants 50,335 72.563 Total Incomlng resources 143,415 133,854 EXPENDITURE Charitable activities Rales and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Travel costs Repairs Computer costs Programme manager fees Professional fees Accountancy fees Rent Charitable donations Plant and machinery Computer equipment 1,143 597 4,489 969 385 348 1,984 417 147 1,396 337 1,224 1.114 266 35.871 1,740 505 5.280 1,595 1,419 1,311 2,309 2.957 1.835 9.240 550 609 378 267 397 89.186 51,678 Total resources expended 89.186 51,678 Net income 54,229 82.176 This page does not form part of the slatutory financial statements Page 12